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Monday, April 11, 2011

Y! Alert: Law.com - Newswire


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Baker & McKenzie, Ex-Partner Sued for Alleged Roles in IEAM Collapse Top
A scathing complaint filed Monday accuses Baker & McKenzie and former partner Martin Weisberg of running a stock scheme that enabled a massive fraud at Pittsburgh-based Industrial Enterprises of America and contributed to IEAM's collapse.
 
Middleman in Insider Trading Scheme Tied to BigLaw M&A Attorney Pleads Guilty Top
The previously unnamed middleman in an alleged insider trading scheme involving a BigLaw M&A attorney admitted his role on Monday, pleading guilty to securities fraud and conspiracy to commit securities fraud.
 
Federal Employees' Union Will Pursue Shutdown-Related Litigation Top
A union representing federal employees is moving forward with litigation over how the government handled shutdown contingency plans, one of which allegedly would have forced workers to perform "involuntary servitude."
 
Circuit Won't Reopen Facebook Settlement Top
The 9th Circuit has rejected an effort by ConnectU's founders to undo a settlement that had ended scorched-earth litigation with Facebook. "At some point, litigation must come to an end," Chief Judge Alex Kosinski wrote. "That point has now been reached."
 
Trend Watch: Foreign Bribery Actions Doubled Last Year Top
The total number of Foreign Corrupt Practices Act enforcement actions nearly doubled from 2009 to 2010 -- and another steady stream of actions kicked off the start of this year. Will the upward trend continue?
 
Courts Offer Special Registration to Out-of-State In-House Counsel Top
In-house attorneys who are not licensed to practice law in New York will nevertheless be able to offer legal advice in the state under new rules adopted by the state's high court and scheduled to take effect on April 20.
 
Ninth Circuit Keeps Arizona Immigration Law on Ice Top
A split 9th Circuit sided Monday with the Obama administration in upholding an injunction that blocks the most controversial parts of Arizona's tough new immigration laws.
 
Responding to Community Health Systems' $3 Billion Hostile Takeover Bid, Tenet Claims CHS Bilked Medicare Top
Tenet Healthcare is suing Community Health Systems in federal court, claiming CHS earned as much as $377 million from billing Medicare for unnecessary and improper patient admissions.
 
Widener professor sues dean over racism, sexism charges Top
An embattled professor at Widener University School of Law has sued Dean Linda Ammons for defamation after he was placed on administrative leave for allegedly using violent hypothetical situations and offensive language during his criminal law class.
 
Judge OKs 'False Marking' Claim Against Pharma Co. Top
Drug makers may be held liable for a "false marking" claim under a federal whistleblower law for printing expired patent numbers on product packages even when they have submitted accurate patent expiration dates for publication by the FDA, a federal judge has ruled.
 
Commil Wins $64 Million Award in Replay of Cisco Patent Infringement Trial Top
The first trial featured references to Jesus Christ and allegedly anti-Semitic remarks by a Cisco lawyer. This time around, lawyers stuck to the evidence, which persuaded Texas jurors to award Commil $63.8 million in damages.
 
Divorcing Wife Cleared to Sue Husband for Theft of Academic Paper Top
Though an academic paper lay fallow for a decade, a New York judge has ruled that a divorcing wife can sue her husband for the theft of the unpublished paper, which the two wrote together.
 
ACLU petitions, says homeowners don't get due process Top
The ACLU has petitioned a Florida appeals court to intervene in Lee County's foreclosure court system, claiming it "rushes cases toward summary judgment or trial without giving homeowners a meaningful opportunity to develop their cases or present defenses."
 
Companies Get Creative to Cut Legal Costs Top
Under pressure to curb legal costs, Microsoft and Hewlett-Packard have saved millions of dollars in legal fees by outsourcing work to India, giving work to solo practitioners rather than mega-firms and eschewing hefty hourly fees in favor of alternative and fixed fees.Visit lawjobs.com News & Views
 
The Careerist: Allen & Overy Warns Women to Cover Up Top
Check out some of the latest posts on the lawjobs.com blog, The Careerist. Allen & Overy Warns Women to Cover Up Plus Disgruntled UVA Students Show Their Ire And Bulldog, Boxer, and Bristol Visit The Careerist
 

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